underwriter

noun

un·​der·​writ·​er ˈən-dər-ˌrī-tər 

ˈən-də-

1

: one that underwrites : guarantor

2

a

: one that underwrites a policy of insurance : insurer

b

: one who selects risks to be solicited or rates the acceptability of risks solicited

3

: one that underwrites a security issue

Examples of underwriter in a Sentence

Recent Examples on the Web

Other Remembrances Joyce Warren Joyce Warren, insurance underwriter, died May 19. —J.m. Banks, Kansas City Star, 16 June 2024

Chicago Title National Commercial Services California is part of the Fidelity National Financial companies, a group of title companies and title insurance underwriters. —Samantha Gowen, Orange County Register, 10 June 2024

Why should an appellate bond underwriter believe his financial representations now? —Adam Pollock, New York Daily News, 24 Mar. 2024

Goldman Sachs, JPMorgan, and Morgan Stanley piled in as lead underwriters. —Eleanor Pringle, Fortune, 31 May 2024

Word History

First Known Use

1622, in the meaning defined at sense 1

Legal Definition

underwriter

noun

un·​der·​writ·​er ˈən-dər-ˌrī-tər 

1

a

: a person (as an individual or a company) who underwrites an insurance policy : insurer

b

: a person who assesses risks to be covered by an insurance policy

2

: a person (as an individual or company) who underwrites a security issue compare issuer

Note: The Securities Act of 1933 requires dealers, issuers, and underwriters to file registration statements for the securities that they sell.